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China Express Development Index in June up 18 pct on-year to 208
China Express Development Index (CEDI) in June increased by 18 percent year on year to 208, presenting a stable and sound development momentum, according to a report released by China's State Post Bureau on Tuesday.
Postal services revenue up 33%
China's postal services revenue, which excludes revenue from postal financial services, grew 33.2 percent in 2016 to 538 billion yuan ($78.24 billion), according to the State Post Bureau (SPB).
CRBC inks MOU on Manila urban public transport express project
China Road and Bridge Corporation and Bases Conversion and Development Authority of Philippines signed recently a MOU for Manila Urban Public Transport Express’ Bonifacio Global City (BGC) to Ninoy Aquino International Airport (NAIA) section in Beijing.
ZTO eyes building cargo fleet as its overseas business expands
ZTO Express (Cayman) Inc, the Chinese delivery service that gets most of its business from Alibaba Group, is considering options such as building its own cargo fleet or purchasing a stake in an existing carrier, as it expands operations overseas.
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